Intimation w.r.t grant of stock options under Meesho Limited - Employee Stock Option Plan, 2024 ("ESOP 2024 Plan")

MEESHO · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-9.3%1-day move

₹217.20

prior close

₹218.50

base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+2.3+2.7+3.1+2.9-9.3-8.7-7.7-10.6-15.8-12.4-11.2-23.7-12.8—

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AI summary

Meesho Ltd has announced the grant of 8,370 stock options to eligible employees under the company's ESOP 2024 Plan. Each option converts into 49 fully paid-up equity shares with face value of Re. 1 each, covering a total of 4,10,130 equity shares. The exercise price is Re. 1 per stock option. The grant was approved by the Nomination and Remuneration Committee via circular resolution on May 04, 2026. The scheme complies with SEBI (SBEB) Regulations, 2021. Shares allotted upon exercise will not carry any lock-in period.

Likely market impact

This is a routine ESOP grant announcement with no immediate impact on stock price. However, it indicates future potential equity dilution when options are exercised. The low exercise price (Re. 1) is typical for employee stock options and represents a retention and incentive mechanism for employees.